Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of … changes, transitory and permanent shocks and estimate the contribution of each to total inequality. Our model fits the joint … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

fertility which changes the age compositions and could thereby account for savings and growth in Asia. …

the relationship with wealth at death, on the form of the bequest, and on the different causes to which people bequeath. …

rate, especially if in part achieved by lowering inequality, the Africa region would meaningfully contribute to the global …

households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high-inequality … regions accumulated less debt relative to income than their counterparts in lower-inequality regions, which negates the … during the 2000s. We present a model in which banks use applicants' incomes, combined with local income inequality, to infer …

for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against …